Platinum Appoints Kurtzman Executive VP/Chief Risk Officer

February 27, 2006

Platinum Underwriters Holdings, Ltd. announced from its Bermuda headquarters the appointment of Kenneth A. Kurtzman as Executive Vice President and Chief Risk Officer of Platinum Administrative Services, Inc., a Platinum subsidiary, effective as of March 15, 2006.

President and CEO Michael D. Price commented: “Ken and I have worked closely together in the past and we are very pleased to have him join our executive team. He is an experienced and highly qualified individual who will provide a valuable contribution to Platinum.”

Kurtzman held a number of senior positions at Swiss Re prior to joining Platinum. He most recently served as Sr. VP-Head of Casualty Underwriting at Swiss Re Underwriters Agency, Inc., and while based in Zurich was responsible for group-wide property and casualty risk management from October 2002 to July 2004. He has a degree in Mathematics from the University of California at Berkeley and is a Fellow of the Casualty Actuarial Society.”

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